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2014/11/19 Council Agenda Packet
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2014/11/19 Council Agenda Packet
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Council Agenda Packet
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11/19/2014
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• <br /> 15 <br /> 2. We are not obligated to make any inspec- G. Nonrenewal <br /> • tions, surveys, reports or .recomrnenda- 1. We may elect not to renew this policy by <br /> tions, and any such actions we do under- mailing or delivering written notice of <br /> take relate only to insurability and the nonrenewal, stating the reasons for <br /> premiums to be charged. We do not nonrenewal, to the first Named Insured <br /> make safety inspections. We do not un- and the first Named Insured's agent or <br /> dertake to perform the duty of any person broker, at their last mailing addresses <br /> or organization to provide for the health known to us. We will also mail to any <br /> or safety of workers or the public. And we mortgage holder, pledgee or other per- <br /> do not warrant that conditions: son shown in this policy to have an inter- <br /> a. Are safe or healthful; or est in any loss which may occur under <br /> b. Comply with laws, regulations, this policy, at their last mailing address <br /> codes or standards. known to us, written notice of <br /> 3. Paragraphs 1. and 2. of this condition ap nonrenewal. We will mail or deliver these <br /> ply not only to us, but also to any rating, notices at least 45 days before the: <br /> advisory, rate service or similar organize- a. Expiration of the policy; or <br /> tion. which makes insurance inspections, b. Anniversary date of this policy if this <br /> surveys, reports or recommendations. policy has been written for a term of <br /> 4. Paragraph 2. of this condition does not more than one year. <br /> apply to any inspections, surveys, reports Otherwise, we will renew this policy un- <br /> or recommendations we may make rela- less: <br /> tive to certification, under state or mu- a. The first Named Insured fails to pay <br /> nicipal statutes, ordinances or regula- the renewal premium after we have <br /> tions, of boilers, pressure vessels or expressed our willingness to renew, <br /> elevators. including a statement of the renewal <br /> E. Premiums premium, to the first Named Insured <br /> The first Named Insured shown in the Dec- and the first Named Insured's insur- <br /> larations: ance agent or broker, at least 20 days <br /> 1. Is responsible for the payment of all pre- before the expiration date; <br /> miums; and b. Other coverage acceptable to the in- <br /> sured has been procured prior to the <br /> 2. Will be the payee for any return premi <br /> expiration date of the policy; or <br /> urns we pay. <br /> c. <br /> F. Transfer Of Your Rights And Duties Under The policy clearly states that it is not <br /> renewable and is for a specific line, <br /> This Policy subclassification, or type of coverage <br /> Your rights and duties under this policy may that is not offered on a renewable ba- <br /> not be transferred without our written con- sis. <br /> sent except in the case of death of an individ- <br /> 2. If: <br /> ual Named Insured. <br /> If you die, your rights and duties will be trans- a. You are an individual; <br /> ferred to your legal representative but only b. A covered auto you own is of the <br /> while acting within the scope of duties as "private passenger type"; and <br /> your legal representative. Until your legal re- c. The policy does not cover garage, <br /> presentative is appointed, anyone having automobile sales agency, repair <br /> proper temporary custody of your, property shop, service station or public park- <br /> will have your rights and duties but only with ing place operations hazards; <br /> respect to that property. <br /> IL 01 46 08 10 © Insurance Servin Office, Inc., 2010 Page 3 of 4 <br />
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